ABB investing $150 million in new China robotics factory; where robots make robots
ABB is investing $150 million in Shanghai, China to build an automated and flexible robotics factory; where robots make robots. The factory is expected to begin operating by the end of 2020.
Alibaba A.I. Labs launches hospitality robot
Alibaba A.I. Labs, the department leading consumer AI product development at Alibaba, is launching service robots for the hospitality sector starting in October.
Machines will do more tasks than humans by 2025, but expect 58 million net new jobs: World Economic Forum study
The world is going through a workplace revolution that will bring a seismic shift in the way humans work alongside machines and algorithms, according to new research by the World Economic Forum.
Honeywell, Carnegie Mellon developing supply chain robotics and AI solutions
Honeywell has inked a strategic collaboration with Carnegie Mellon University to work on artificial intelligence and robotic technologies.
Embodied raises $22 million
Pasadena, California-based artificial intelligence and robotics company Embodied has raised $22 million in a Series A funding round.
Chinese robotics company Ubtech raises $820 million
Humanoid robots company Ubtech Robotics has completed a Series C investment totaling $820 million, with a market valuation of $5 billion.
Endeavor Robotics wins $10M Marine Corps robots contract
The U.S. Marine Corps has awarded a $10 million contract to Endeavor Robotics for the company's FirstLook robots.
Teradyne acquires autonomous mobile robot company MiR for $148 million
Teradyne has acquired Mobile Industrial Robots (MiR) of Odense, Denmark for $148 million.
Sony, Carnegie Mellon University sign research agreement on AI and robotics
Sony has entered into an agreement with Carnegie Mellon University (CMU) to collaborate on artificial intelligence (AI) and robotics research.
Genesis Robotics receives controlling investment from Koch
Genesis Robotics, a subsidiary of Genesis Advanced Technology (GAT), has received a controlling investment from Koch Industries.
Endeavor Robotics awarded contract to develop ‘back-packable’ robot
Endeavor Robotics has won the Engineering Manufacturing Development (EMD) contract for the US Army's Common Robotic System–Individual (CRS-I) program.
Circular Wave Drive raises $2M
Circular Wave Drive, a technology company that manufactures compact speed-reducing gears for robotics and applications, has raised $2 million.
Endeavor Robotics wins $9.2 million U.S. Marine Corps order
Unmanned ground vehicles company Endeavor Robotics has received a $9.2 million order to deliver Small Unmanned Ground Vehicles (SUGVs) to the U.S. Marine Corps....